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Gold Bars vs Gold Coins: Which One is Better for Investors?

Share Tweet Share Share Email Investing in gold offers protection and peace of mind during economic uncertainty. Whether you choose gold bars or coins, it’s essential to consider factors such as liquidity or storage methods. Moreover, understanding the dynamics of market demand and collectibility can significantly influence the long-term performance of your gold assets. Why invest in gold? Gold is a valuable investment for many reasons. Here are some examples of why you should consider investing in gold: Gold has been a reliable way to protect against inflation for a long time. When the cost of living increases, gold prices usually…

UK wage growth slows as jobs market cools – business live

From 38m ago 02.22 EST Introduction: UK wage growth slows Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. UK wage growth has slowed, and vacancies have dropped again, as Britain’s labour market cools in the face of a weak economy and high interest rates. New data just released by the Office for National Statistics show that average basic pay (excluding bonuses) grew by 7.3% per year in the August-October quarter. That’s down from 7.8% growth a month ago. Including bonuses, pay growth was slightly slower – up 7.2% year-on-year. Again, that’s quite a slowdown on the 8% total…

Job market declines for 17th consecutive time as economic uncertainty stunts…

The job market has declined again (Image: GETTY) The number of vacancies on the job market has continued to fall while regular pay has increased for many workers. The latest ONS figures show in September to November 2023, there was an estimated 45,000 drop in vacancies on the quarter, to 949,000. Vacancies fell on the quarter for the 17th consecutive period. Alice Haine, Personal Finance Analyst at Bestinvest, said employers are becoming "increasingly cautious" about hiring due to uncertain economic conditions. She said: "The cooling jobs market is feeding through into wage growth with the increase in regular pay, excluding bonuses…

FTSE 100 Live 12 December: UK unemployment remains at 4.2%, shares seen higher

Business Live updates Ofcom is proposing a ban on inflation-linked telecoms contract rises. The Media regulator is set to introduce a new rule requiring that any price written into a customer’s contract would need to be set out in pounds and pence, prominently and transparently, at the point of sale, instead of an inflation-linked percentage increase. Ofcom said: "Inflation-linked mid-contract price rise terms can cause substantial amounts of consumer harm by complicating the process of shopping for a deal, limiting consumer engagement, and making competition less effective as a result. "These terms also require customers to…

Asia markets rise ahead of U.S. consumer prices update

Asian markets advanced Tuesday following a positive close on Wall Street. Investors are eagerly awaiting a crucial U.S. inflation report later in the day, which will likely set the tone for the Federal Reserve’s final meeting of the year on Wednesday. U.S. futures and oil prices also were higher. Tokyo’s Nikkei 225 added 0.1% to 32,843.70. Data released on Tuesday showed wholesale prices in Japan rose by 0.3% from a year earlier in November, the slowest rate of increase in almost three years. That suggested a moderation in inflationary pressures as the central bank weighs whether or not to relax its ultra-lax monetary policy. Hong…